The representatives of IRAO and GPIH attended inaugural presentation of VIG

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An inaugural presentation organized by VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe was held in Vienna on May 25, 2012. On this special event, already former CEO Gunter Geyer has introduced the gathered auditory, his successor – Peter Hagen.  Top-management of IRAO and GPIH had attended the special event, among other 1200 senior managers from 25 Central and Eastern European countries.

Gunter Geyer has joined Wiener Stadtische Versicherung in 1974, he was appointed to the Managing Board in 1988. He stepped down after highly successful 11 years as CEO and Managing Board Chairmen of the Group. Under Mr. Geyer’s leadership the VEINNA INSURANCE GROUP has grown to become the leading insurer in Austria, the Central and Eastern Europe. During his tenure, the Group trebled its premium volume and more than doubled its headcount, while profit jumped from EUR 21 million to around EUR 560 million.

Peter Hagen has held top-management position in various business divisions in Austria and the CEE region, and has a wealth of experience, since 2009 he occupied a position of Deputy General Manager of VIG.

The event was also dedicated to introducing a special award of the first VIG Social Active Day, an initiative championed by Gunter Geyer in 2011.  Under the scheme, staff of the Group companies spend one working day a year doing voluntary work for social charities. The special award with prize money totaling EUR 100, 000 was divided between 3 representatives of the Group companies.

VIENNA INSURANCE GROUP is a Companyჹ, with more than century insurance experience, which has witnessed its remarkable transformation from a longstanding domestic business into an international corporate group – for today it is a leading insurance group in Austria and CEE region. It possesses 50 companies, in Central and Eastern 25 European countries, among which there are Georgian:  IRAO and GPIH.